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That Big Ugly Bill that the GOP is fast-tracking right now has a whole lot
of stuff in it that has nothing to do with lowering costs for the American
people.
I want to talk about the latest sneak attack they’re pushing with their
billionaire budget proposal: Dismantling the CFPB.
Remember when Elon Musk and his DOGE goons tried and failed to break the
CFPB by firing nearly 90 percent of its staff? That blatantly illegal
attack was stopped by a court order. But now, House Republicans are trying
to finish the job for Musk — by completely cutting the CFPB’s funding in
this legislation.
This is another outrageous attempt to put an end to oversight that holds
corporations accountable and protects American consumers. It’s another
obvious giveaway in this plan to help billionaires make more billions.
It’s another reason Republicans are rushing this Big Ugly Bill through —
hoping we won’t notice all the sneaky tricks they’ve packed in to hurt
working people and help billionaires.
I won’t stand by as they attempt to destroy the CFPB. I’m challenging the
process Senate Republicans are using to pass this bill to strip away any
measures unrelated to the budget — like this attack on the CFPB.
[ [link removed] ]Will you support our fight to defend the CFPB and working people? Our
movement of grassroots supporters is what allows me to stand up and fight
back against corrupt Republicans who are in the pockets of billionaires
like Bezos and Zuckerberg.
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Now, why would Republicans and Trump — that guy who ran on promises he’d
lower costs “on Day One” — want to get rid of the CFPB, the agency that
helps lower costs for Americans?
It could be because of the CFPB’s track record:
* Putting around $20 billion back in the pockets of people who got
cheated by financial institutions
* Taking on the types of shady lenders that were tricking and trapping
people with complicated mortgages and eventually crashed our economy
in 2008 — costing millions of people their homes
* Stopping Wells Fargo from unlawfully repossessing people’s cars after
the bank had piled on fees that consumers didn’t owe or charged them
the wrong interest rate
* Tackling aggressive junk fees that make price comparisons impossible
* Beating back predators that tricked service members and veterans into
paying interest rates that surged up to 200 percent on pawn loans
* Pushing back when some medical debt collector companies were double
billing patients or even charging patients for services they never
received
Put simply: If you’ve got a checking account, a credit card, a mortgage,
or a student loan — the CFPB is looking out for you to keep you from
getting cheated by corporations. And corporate billionaires aren’t happy
about that.
Dismantling the CFPB is a craven way for Republicans to reward their rich
and powerful friends who profit off of cheating consumers. It’s a way for
them to get rid of the cop on the beat who could stand in the way of their
own financial interests. And it’s a way for them to make it easier for Big
Banks and corporate CEOs to trick, trap, and scam you.
I’m exposing Republicans’ blatant attempts to shut down our consumer
watchdog agency. This agency has been attacked left and right, but our
fight to get our government on the side of the working class can prevail —
and I’ll keep fighting my heart out to make sure that we win.
[ [link removed] ]If you’re in a position to give, chip in to fund our fight to protect
working Americans from getting tricked, trapped, or scammed by
billionaires and corporations. Your donation fuels my fight to stop this
Big Ugly Bill and raise the alarm about the attacks on working people
coming from the White House and Republicans.
Thanks for being a part of this,
Elizabeth
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